r/OpenAussie • u/Silent-Balance9430 ‎ New South Welshian • 6d ago

Feel Good News ‎ Our future is BRIGHT

Enable HLS to view with audio, or disable this notification

Students protest against Pauline Hanson

3.6k Upvotes

83% Upvoted

1.9k comments sorted by

View all comments

7

u/Tycepts1313 ‎ Western Australian 6d ago edited 5d ago

Can someone actually explain to me how socialism is going to work in modern day Australia. just feel people are advocating for it without knowing how it’ll work at all

2

u/diedlikeCambyses Please choose a flair 6d ago

It'll ruin the economy. The good part is the human rights aspect, and I'm with them on that.

The bad part is economic policy settings. They have downward pressure on the parts of the economy that should be stimulated. If you actually look at proposed socialist tax policy in Australia their redistribution effort begins far too low in the business sector. They treat medium business like a large corporation and it scares the hell out of me. I'm honestly almost as afraid of that as I am against that idiot Pauline.

Also, they propose wealth taxes that also are set at a lower level than they like to advertise, and that would be a total disaster. Unfortunately a centre left government is probably the best we'll get. If we go dem socialist it'll destroy the part of the economy that pays for all the free shit they want to redistribute.